Trump administration plans to lower the 10-year yield by controlling inflation and fiscal spending.
ECB hopes Trump's crypto plan will speed up digital euro
The European Central Bank hopes U.S. President Donald Trump's plan to support cryptocurrencies pegged to the U.S. dollar will speed up legislative backing for the digital euro, ECB board member Piero Cipollone told Reuters. The ECB has presented its digital currency - essentially an online wallet guaranteed by the central bank - in part as an electronic means of payment that does not rely on dominant U.S. providers such as Visa and PayPal. Cipollone said Trump's support for globally available stablecoins tied to the dollar would help create yet another U.S.-made payment tool and added urgency to the digital euro project.
Bitcoin Edges Near $98K as Eric Trump Pushes World Liberty Financial to Make Bitcoin Investment
Eric Trump, son of U.S. President Donald Trump said on X that it feels like a great time to enter BTC.
There’s a bargain to be had while markets misjudge this infrastructure trust
As readers will be well aware, sometimes even the most reliable, well-run company can fall out of favour. How you react to that as an investor will depend on your mindset. Questor sees an investment trust trading at an unusually wide discount to net asset value (Nav) and wonders whether there is a bargain to be had – 3i Infrastructure might fit that description.
Musk ‘Buyout’ Taken by 40,000 Federal Workers as Deadline Nears
(Bloomberg) -- The Trump administration’s offer to pay federal employees through the end of September if they agree to leave by the end of February has attracted more than 40,000 sign-ups as of Wednesday — about 2% of the federal civilian workforce.Most Read from BloombergCitadel to Leave Namesake Chicago Tower as Employees RelocateState Farm Seeks Emergency California Rate Hike After FiresTransportation Memos Favor Places With Higher Birth and Marriage RatesSan Francisco Wants Wealthy Donors to
‘Anti-crypto’ Elizabeth Warren joins industry in decrying debanking
Warren is urging Trump to challenge unfair account closures by major banks.
Bitcoin could hit $200K in 2025, predicts top Bitcoin mining exec
Bitcoin could soar to $200K in 2025, says Bitdeer’s Jeff LaBerge, citing historical cycles, ETF adoption, and increasing institutional interest as key growth drivers.
Fed's Jefferson: In no rush to reduce level of policy restraint
Even after 100 basis points of rate cuts in the latter part of 2024, Jefferson told students at Swarthmore College that Fed policy remains restrictive and is exerting downward pressure on inflation. "We can be patient and wait to see the net effect of any policy changes by the current administration," he said.
OpenAI set to make first ad foray with Super Bowl spot, Wall Street Journal reports
The Super Bowl is among the world's most coveted televised events for advertisers given its huge guaranteed audience, with a premium placed on creativity as Super Bowl commercials can generate outsized buzz. The Super Bowl ad would be OpenAI's first foray into commercial advertising, the newspaper said. Rivals such as Google ran ads promoting its AI prowess during last year's Super Bowl.
Google's big AI-spending plans are boosting chip stocks like Nvidia
Alphabet's big spending plans surprised Wall Street. The news should soothe investors worried about last week's DeepSeek shakeup disrupting the AI narrative.